Income 2018 2019 2020 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2020 vs 2019

Donations in Cash





- Tax Deductible 3,920 2,820 1,527 (46)

- Non-Tax Deductible - - - -

Donations in Kind





- Tax Deductible NA NA NA NA

- Non-Tax Deductible NA NA NA NA

Grants/Sponsorships NA NA NA NA

Investment income 1,226 1,298 1,146 (12)

Investment gains NA NA NA NA

Others - - 1,469 -

Total Income 5,146 5,579 4,576 (18)








Expenses 2018 2019 2020 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2020 vs 2019

Direct Fund-raising Expenses NA NA NA NA

Charitable Activities Expenses





- Local 919 613 2,346 283

- Overseas NA NA NA NA

Other Operating & Administration





Expenses 41 43 48 12

Others 1,020 - - -

Total Expenditure 1,980 656 2,394 265

Surplus / (Deficit) 3,166 4,923 2,182 (56)








Balance Sheet 2018 2019 2020 % Increase/

(S$'000) (S$'000) (S$'000) (Decrease)




2020 vs 2019

Assets





Land and Building NA NA NA NA

Other Tangible Assets NA NA NA NA

Investments 43,247 45,116 41,735 (7)

Inventories NA NA NA NA

Accounts Receivable 25 35 20 (43)

Cash & Deposits 14,633 17,677 23,257 32

Others NA NA NA NA

Total Assets 57,905 62,828 65,012 3

Funds





General Fund NA NA NA NA

Accumulated Fund 17,961 22,390 24,261 8

Unrestricted Fund 17,961 22,390 24,261 8

Building Fund NA NA NA NA

Fair Value Reserve NA NA NA NA

Restricted Fund NA NA NA NA

Endowment Fund 39,941 40,435 40,747 1

Total Funds 57,902 62,825 65,008 3

Liabilities





Long-Term Liabilities NA NA NA NA

Current Liabilities 3 3 4 33

Total Liabilities 3 3 4 33

Total Funds and Liabilities 57,905 62,828 65,012 3








Other Information 2018 2019 2020 % Increase/

(S$'000)
(S$'000)
(S$'000)
(Decrease)




2020 vs 2019

Donations/Grants and Sponsorships given to Other Charities (S$'000) 919 613 2,346 283

No. of Employees NA NA NA NA

Total Employee Costs (S$'000) NA NA NA NA

* Endowment Fund comprises:





Donations from





- Singapore Hokien Huay Kuan 36,290 39,110 39,710 2

- Public 26,686 26,686 27,613 3

Total (S$'000) 62,976 65,796 67,323 2
  Ratio of Reserves (Unrestricted Funds) to Annual Operating Expenditure 438 521 505 (3)  

IPC Period: From 1 Jun 2020 to 31 May 2022







 

 

 
             
             
 
   
 
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